M&A Deal Summary

alfer Aluminium Acquires Element System

On October 16, 2024, alfer Aluminium acquired furniture company Element System from Nimbus

Acquisition Highlights
  • This is alfer Aluminium’s 1st transaction in the Furniture sector.
  • This is alfer Aluminium’s 1st transaction in Germany.

M&A Deal Summary

Date 2024-10-16
Target Element System
Sector Furniture
Buyer(s) alfer Aluminium
Sellers(s) Nimbus
Deal Type Add-on Acquisition

Target

Element System

Rottenacker, Germany
Element System is a provider of wall shelves, clips, cantilevers, furniture legs and tool storage solutions, all for household applications. Element System was founded in 1954 and is based in Rottenacker, Germany.

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Buyer(S) 1

Buyer

alfer Aluminium

Wutoschingen, Germany

Category Company
Founded 1972
Sector Manufacturing
DESCRIPTION

alfer Aluminium is a manufacturer of profiles, bars and systems made from aluminium, steel and plastic for model builders, DIY enthusiasts and professionals. alfer Aluminium was founded in 1972 and is based in Wutoschingen, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Furniture M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2024 M&A 1 of 1

Seller(S) 1

DESCRIPTION

Nimbus is a private equity firm focused on investing in medium-sized European businesses with strong market positions. The Firm seeks companies with annual turnover between €20 and €500 million in the industrial, manufacturing, business services, and technical trade sectors. Nimbus was established in 1999 and is based in Zeist, the Netherlands.


DEAL STATS #
Overall 13 of 16
Sector: Furniture M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 7
Country: Germany M&A 5 of 6
Year: 2024 M&A 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-10 National Floorcoverings

Liversedge, United Kingdom

National Floorcoverings is producing a wide variety of products from fibre bonded carpets for the education market, tufted carpet and tiles for the commercial sector to specialised indoor and outdoor sports surfaces, the National Floorcoverings group has expertise in all aspects of flooring. National Floorcoverings is based in Liversedge, England.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-30 Summit Timber Group

Hull , United Kingdom

Summit Timber Group is a processor and distributor of high-quality, soft wood-based products and sheet materials. Summit Timber Group was founded in 1953 and is based in Hull, United Kingdom.

Sell -